The consultation gives Southeast Asian firms a chance to shape SBTi’s revised Forest, Land and Agriculture Standard for land-based emissions and removals.
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SBTi seeks Southeast Asia input on revised climate standard for forest, land and agriculture
Abatify Summary
Nature & Climate Perspective
**Regional refinement of SBTi's FLAG standard is critical to incentivizing high-integrity land-based carbon removals and halting deforestation across Southeast Asian supply chains. **
- Tailoring land-use guidance ensures tropical ecosystem conservation and avoids biodiversity loss linked to agricultural expansion in vulnerable Southeast Asian biomes.
- Refined accounting for land-based removals improves the quantification of LULUCF carbon sinks, directly aligning with ICVCM Core Carbon Principles regarding permanence and robust monitoring, reporting, and verification (MRV).
- Standardizing regional land management protects critical peatlands and forestry, safeguarding natural carbon reservoirs from premature reversal risks.
Market & Policy Outlook
**The consultation provides Southeast Asian corporate actors an opportunity to shape compliance baselines for Scope 3 emissions reduction and science-based net-zero pathways. **
- Localizing the FLAG standard bridges regional land-tenure complexities with global regulatory frameworks, supporting alignment with national Article 6.2 and 6.4 commitments.
- Clearer rules on land removals de-risk capital flows into high-integrity nature-based solutions, boosting financial liquidity and market demand for CCP-aligned carbon assets.
- Southeast Asian agricultural and forestry conglomerates gain clarity on meeting SBTi Scope 3 target requirements, bolstering international supply chain competitiveness and corporate compliance.
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